Heywood, Victoria

2427MF - STRONG TRADING HISTORY, HUGE OPPORTUNITY FOR GROWTH, OVER 15% ROI!

SOLD

Business Description

FREEHOLD GOING CONCERN MOTEL

The motel has a high visibility from the Highway, but setback amongst the picturesque rose gardens on the service road along the Princes Highway just 20 minutes to Portland.

- 16 spacious rooms.

- 2 bedroom manager’s residence, spacious lounge area and private retreat area for owners.

- Adjoining dining room with kitchen attached.

- Outside guests can enjoy a barbeque whilst enjoying the quiet surroundings.

- Games room and playground to keep families entertained.

- Room for secure bus and trailer parking.

- Storage sheds for the handyman.

- Additional area for expansion.

Consistent trade with many repeat customers ranging from corporate clients, contractors and workers in the area, as well as the many tourists travelling through the region on the Princes Highway.

Net Profit: $124,286 for 2018/19


Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2427MF (quote when enquiring)

Location: Heywood is one of those small country towns that you come across where everyone makes you feel welcome. It is set amidst rolling green hills in an agricultural, pastoral and timber cutting district. It is a small service centre on the Fitzroy River, and is 357 km west of Melbourne at the intersection of the Princes and Henty Highways.

Heywood is part of the Glenelg Shire which has an economic profile that reveals a diverse industry base with significant involvement in manufacturing, community and health services, tourism, education, transport and retail. Nestled in Victoria’s South West corner, the Glenelg Shire area is known as the Discovery Coast.

Property Code: 3734

Business Summary

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

Key insights for this business for sale listing include:

1. Strong trading history: The motel has a consistent and profitable trading history, with a net profit of $124,286 for the 2018/19 financial year.

2. Huge opportunity for growth: With a high visibility from the Highway and a picturesque location, there is potential for the business to grow and attract more customers.

3. Over 15% ROI: The business offers a high return on investment, with a net profit of over 15%.

4. Freehold going concern: The sale includes the freehold property, giving the new owner full control over the business and its assets.

5. 16 spacious rooms: The motel has 16 spacious rooms, providing comfortable accommodation for guests.

6. 2 bedroom manager’s residence: The manager’s residence includes a spacious lounge area and private retreat area for the owners.

7. Adjoining dining room with kitchen: The motel has an adjoining dining room with a kitchen attached, providing a convenient option for guests to dine in.

8. Outdoor amenities: Guests can enjoy a barbeque and outdoor seating area, as well as a games room and playground for families.

9. Secure parking and storage: The property has room for secure bus and trailer parking, as well as storage sheds for the handyman.

10. Potential for expansion: There is additional space on the property for potential expansion, providing opportunities for future growth.

11. Diverse customer base: The motel attracts a diverse range of customers, including corporate clients, contractors, workers in the area, and tourists travelling through the region.

12. Welcoming community: Heywood is a small country town with a welcoming community, making it an attractive location for visitors.

13. Located on the Princes Highway: The motel is situated on the Princes Highway, a major highway connecting Melbourne to Adelaide, providing a steady flow of passing traffic.

14. Glenelg Shire: The motel is part of the Glenel
Listing location

This Business is sold

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